Biodiversity credits need transparency and regulation to have impact and credibility

Biodiversity credits designed to incentivise the conservation and restoration of natural habitats need better transparency and regulation to be effective and credible.

A new study by scientists from the University of Nottingham’s School of Geography has assessed 11 major biodiversity credit suppliers against six integrity criteria defined by the International Advisory Panel on Biodiversity Credits (IAPB). Results show an average score of 2 out of 3, with notable weaknesses in verifiable outcomes, particularly relating to the independence of third-party validation and verification, and transparency in risk disclosure. The results have been published in Proceedings of the Royal Society B.

Read the full story...